Tiger Woods

Eldrick Tont "Tiger" Woods, commonly known as Tiger Woods, is a professional golfer who is widely regarded as one of the greatest athletes in the history of the sport. With a career spanning over two decades, Woods has won 82 PGA Tour events, including 15 major championships. He is one of the highest-paid athletes of all time, known for his comeback victories, global endorsements, and significant contributions to golf.

What is Tiger Woods’ Net Worth?

As of September 2024, Tiger Woods' net worth is estimated at $1.3 Billion.

This valuation takes into account his tournament winnings, endorsement deals, and multiple business ventures. Tiger Woods Woods has earned over $121 Million in prize money from PGA tours, making him the highest-earning golfer in history. 

Along with this, as per reports from Forbes, Woods earned around $1.8 Billion during his professional golfing career and was certified as a billionaire, making him only the second active athlete ever with that distinction, after LeBron James. 

As of September 2024, Woods sits at the number 23 of The World's Highest-Paid Athletes (2024). Currently, his net worth is largely based on off-the-course earnings, where he consistently makes $60-70 Million annually from endorsements, appearances, and business income.

What is Tiger Woods’ Claim to Fame?

Tiger Woods rose to prominence as a golf prodigy, turning professional in 1996 at the age of 20. He won his first major, the 1997 Masters Tournament, by a record-breaking 12 strokes, becoming the youngest Masters champion in history. Woods dominated the sport in the late 1990s and early 2000s, holding the world number-one ranking for 683 weeks in total, the most in golf history. His victory at the 2019 Masters marked a historic comeback, reinforcing his reputation as one of the greatest athletes of all time.

What Businesses Does Tiger Woods Own?

• Tiger Woods Design: Tiger Woods Design, founded in 2006, aimed to create world-class golf courses. However, several projects faced challenges and delays, leading to the dissolution of partnerships and the sale of some properties. Despite setbacks, Woods' company has designed some of the notable golf courses such as Payne's Valley and Bluejack National, and has a current annual revenue of around $5.6 Million. 
• The Woods Jupiter: Founded in the year 2015, The Woods Jupiter is an upscale sports restaurant in Soundings Ave, Jupiter, Florida. As per ZoomInfo, the restaurant gets an annual revenue of >$5 Million. 
• TMRW Sports: In 2022, Tiger Woods along with fellow golfer Rory McIlroy and Mike McCarley, president of Golf Channel founded the TMRW Sports. The company focuses on integrating technology within the sports, media, and entertainment sectors. In just a span of two years, the company has scaled to an overall valuation of $500 Million as per Gist Sports.

Apart from these, Woods has invested in multiple other businesses such as Nexus Luxury Collection, PopStroke, Albany, The Bahamas, and Alphabet. 

What Brands Does Tiger Woods Endorse?

• Nike: Woods has had a long-standing partnership with Nike since 1996, signing an initial contract worth $40 million for five years. Over the years, the endorsement deal has expanded, and in 2013, the deal value had swelled up to $200 Million as per The Oregonian. In January 2024, Woods announced the end of the 27-year long partnership with the apparel giant.
• Rolex: Woods is a global ambassador for Rolex, having signed a long-term endorsement deal in 2011. The five-year endorsement deal ​​was worth $7 million in endorsement fees and royalties.
• Titleist: In 1996, Titleist signed a 5-year endorsement deal with the golfing legend worth $20 Million. The terms of the deal included Tiger using only Titleist golf balls, Titleist and Cobra golf clubs, and a Titleist golf bag on tours.
• American Express Company: While Tiger Woods was turning pro in 1996, brands were chasing him for endorsements and American Express also wanted a piece of the pie. The AMEX signed a deal with Tiger worth $13 Million for five years which was renewed once before finally coming to an end in 2007 as per NYTimes.
• Buick: Buick sponsored Tiger from 2000 to 2008 and the golfer reportedly got $60 Million from the automaker during these years. The partnership came to an end after Buick announced it publicly in 2008.
• Monster Energy: In 2016, Monster Energy signed a 5-year deal with Tiger Woods to showcase their logo on his bag. The terms of the deal were not disclosed.
• Hero Motor Group: This is an India-based motorcycle maker. Woods signed with Hero in 2014 and Hero also became the title sponsor of Woods’ golf tournament, now named the Hero World Challenge. As per ESPN, the deal value stood somewhere between $6 Million to $8 Million. In 2018, Hero Motors announced the extension of the deal with the World Golf Hall of Famer.
• MusclePharm: The performance lifestyle brand MusclePharm also had a deal with the 11-time PGA Player of the Year for 5 years. The deal was supposed to be set through 2018 however ended prematurely in 2016 when the nutrition company paid him an additional $2.5 Million on top of the $7 Million deal value.

How Does Tiger Woods Spend His Money?

Tiger Woods’ spending includes investments in real estate, luxury vehicles, a private yacht, and philanthropy. Woods also has a penchant for luxury cars and a private jet, reflecting his love for travel and comfort.

How Many Houses Does Tiger Woods Own?

Tiger Woods owns multiple high-end properties, including:

• Jupiter Island Mansion, Florida: Tiger Woods' most famous property is his sprawling estate on Jupiter Island, Florida. Purchased in 2006 for around $40 Million, the estate spans 12 acres and includes a 9,000-square-foot mansion. The golfer tore it down to build a new one. The amenities include a guest house, a private golf course, a swimming pool, and a gym. The property is estimated to be worth more than $80 Million today.
• Newport Beach Villa, California: In 2004, Woods purchased a 2,000 sq. ft. condo in Newport Beach, California, for a reported $2.8 Million. In 2012, he put the property on sale for $2.3 Million. The home features stunning ocean views, multiple bedrooms, and a private courtyard.
• Windermere, Florida: Tiger Woods previously lived at his mansion in Windermere, Florida, however, he sold it to fellow US golfer Bubba Watson in 2013 for $2.2 Million. The 7,940 sq. ft home included 7 bedrooms and 7 and a half bathrooms along with amenities such as a game room and a cinema room with tiered seating, a swimming pool, a jacuzzi, and a private dock.

How Big is Tiger Woods' Car Collection?

Tiger Woods is known for his love of fast and luxury cars. His collection includes several high-end vehicles:

• Lamborghini Murcielago: According to reports, Tiger reportedly paid $336,000 to own the Lamborghini Murcielago. However, posts circulating on the internet mention how Tiger never drove the car and has kept it around.
• Porsche Carrera GT: The Porsche Carrera GT is a limited-edition supercar valued at around $1.4 Million today. It is probably the most expensive and powerful car in the 48-year-old golfer’s garage. When Tiger first brought the car, it got him spinning off into the grass near his house.
• Mercedes-Benz AMG S65: The Mercedes-Benz AMG S65 has a story with the golfer. Back in 2017, Tiger was arrested after police reported that he was found sleeping behind the wheel of this running Merc. The Jupiter Police Department in Florida also reported that he had slurred speech and didn’t have any idea where he was. For this offense, Woods had to attend DUI school, complete 50 hours of community service, and pay a fine of $250. 
• 2009 Cadillac Escalade: Cadillac Escalade is the most common car with public figures and celebrities and Tiger Woods also happens to be in that category. ​​On Nov. 27, 2009 at about 02:30 am, the California golfer met with an accident near his former mansion in Windermere, FL. His car collided with a row of hedges and hit a fire hydrant. The vehicle finally came to rest after hitting a tree. 

Other Vehicles

• Gulfstream G550: Tiger Woods has also been on Forbes list of the world's highest-paid athletes and it is a no-brainer that the golfer does not only own luxurious cars. The Gulfstream G550 he owns is what makes us say what we did. According to The Sun, the golfer paid $62 Million for this private jet which offers space for 18 passengers, a bedroom, a walk-in wardrobe, spacious bathrooms, an elegant dining area, etc.
• Superyacht named “Privacy”: Tiger Woods' yacht named “Privacy”, is a 155-foot luxury vessel with features including a cinema, bar, jacuzzi, and gym. Despite its size and luxurious amenities, Privacy maintains a high level of secrecy. Woods has rarely shared details about the yacht however as per reports, it cost $20 Million for Tiger to own one.

What Are the Charitable Contributions of Tiger Woods?

• TGR Foundation: Established in 1996 by Woods and his father Earl, the TGR Foundation promotes golfing among inner-city children and underprivileged youth. In 2010, Woods along with his Foundation was offering students $2.9 Million worth of education grants and college scholarships.
• Tiger Woods Learning Center: Founded in 2006 by Tiger Woods, the Learning Center provides STEM education for underprivileged students in California, Florida, and Washington, D.C. The foundation has invested reportedly over $100 Million in various educational initiatives.
• Jarrod Lyle: Tiger Woods in 2018 donated $10,000 to a GoFundMe campaign supporting Jarrod Lyle, a fellow golfer battling cancer. Unfortunately, Lyle passed away on 8th August 2018. 

What’s Next for Tiger Woods?

Tiger Woods continues to play selectively on the PGA Tour while focusing on expanding his business ventures and philanthropic activities. His recent collaboration with the PGA Tour to form TGL, a new high-tech golf league, is set to launch in 2024 and promises to innovate the sport of golf.